What Global CEOs Will Encounter as They Seek to Profit in Iran

Iran’s $415 billion economy is the second-largest in the Middle East after Saudi Arabia. Unveiling his nation’s economic plan for the next five years, Supreme Leader Ayatollah Ali Khamenei said last month that Iran must aspire to average annual growth of 8 percent. The economy may grow 4 percent this Iranian financial year, double the pace expected before the nuclear deal, according to the deputy governor of Iran’s central bank. An OPEC member, Iran holds 10 percent of the world’s oil reserves. Revenue from crude sales represents just 15 percent of Iran’s GDP. Investors may prefer the car industry, manufacturing, energy and agriculture.